Gate Crypto Flash News and Market Updates

According to reports, U.S. President Trump stated on October 23 that the country may take another military action against Iran.

According to Iran's Islamic Revolutionary Guard Corps Navy, two supertankers carrying over 4.5 million barrels of crude oil hit mines in the southern Strait of Hormuz on October 23 earlier that day. Explosions and fires disabled their engines and the vessels were abandoned by their crews.

According to Bloomberg and CBOT data, grain futures declined this week through Friday, October 23. CBOT wheat futures fell 5.27% to $6.25 per bushel, while corn futures dropped 3.85% to $4.56 per bushel. The Bloomberg commodity grains index declined 0.23% to 30.8240 points, with a weekly loss of 3.21%, approaching recent support levels.

U.S. President Trump said on October 23 that the country is poised to end the Russia-Ukraine war soon, though no specific timeline or conditions for resolution were disclosed.

According to Chainalysis, HSBC launched a Hong Kong dollar stablecoin to over 3.3 million PayMe users. The stablecoin supports peer-to-peer and peer-to-merchant transactions, while HSBC also plans to expand services into institutional wholesale markets as regulatory clarity and institutional interest in digital finance grow in Hong Kong.

According to SpaceX's October 22 10-Q filing, any potential merger with Tesla would require approval from the company's "controlling shareholder"—Elon Musk, who controls roughly 85% of SpaceX's voting power. Tesla shareholders must clear a 50%-of-all-outstanding-shares approval threshold, a standard higher than a simple majority of votes cast. A vote is expected at or near Tesla's December 3 annual meeting. The filing language suggests Musk retains final approval authority despite recusing himse

According to the U.S. Commodity Futures Trading Commission (CFTC), as of the week ending October 20, 2026, the Japanese yen maintained a net long position of 69,878 contracts. The euro held a net short position of 134,524 contracts, while the British pound had a net short position of 80,420 contracts and the Swiss franc recorded a net short position of 18,150 contracts.

According to the U.S. Commodity Futures Trading Commission (CFTC), WTI crude oil speculators' net long positions increased by 311 contracts to 110,930 for the week ending October 20.

According to the U.S. Commodity Futures Trading Commission, during the week of October 20, speculators reduced net short positions in U.S. Treasury futures on the Chicago Board of Trade by 58,019 contracts to 68,419 contracts. Separately, speculators cut net short positions in 10-year U.S. Treasury futures by 23,809 contracts to 964,293 contracts during the same period.

According to the CFTC, stock fund speculators reduced their net short position in S&P 500 E-mini futures (CME) by 42,221 contracts to 348,674 contracts during the week of October 20. Separately, stock fund managers trimmed their net long position in the same index by 18,079 contracts to 894,464 contracts during the same period.

According to the U.S. Commodity Futures Trading Commission (CFTC), speculators increased their net short positions in natural gas by 26,764 contracts to 126,900 contracts during the week of October 20 across NYMEX and ICE's four major markets.

According to the U.S. Commodity Futures Trading Commission (CFTC), as of the week ending October 20, COMEX gold speculative net long positions fell by 2,392 contracts to 108,685. Silver positions declined by 1,988 contracts to 3,746, while copper positions dropped by 13,161 contracts to 48,009.

According to Jin10, on October 23, crude oil futures prices surged significantly. WTI crude for December delivery rose $3.80 to $103.27 per barrel, up 3.82%, while Brent crude for December delivery gained $3.55 to settle at $116.72 per barrel, up 3.14%.

According to Deputy Prime Minister Novak, Russia's enterprises can export 500,000 tons of diesel to U.S. and global markets in October. Most of the supplies will come from Rosneft, with the first three tankers already en route to the Atlantic coast.

According to its blog, OpenAI resumed frontier model reinforcement learning training and internal reasoning work on October 1. The company has incorporated red team testing (adversarial security assessment) in high-compute environments into its safety evaluation criteria to determine whether frontier model training and evaluation can proceed safely.

According to Iran's Presidential Office via Iran Student News Agency, on October 24, the office reported that despite the southern port—which previously handled 75% of national imports—being blockaded, overall import volumes have declined by only 25%, with essential goods supplies remaining stable. The government stated that supporting armed forces and ensuring public welfare remain priority tasks amid the ongoing military situation.

On October 23, China's Deputy Permanent Representative to the UN Sun Lei emphasized the importance of upholding the UN Charter during a statement to the Sixth Committee of the General Assembly. Sun stated that the UN Charter serves as the solid foundation of contemporary international law, holding the highest legal effect within the international legal system and representing the fundamental principle for handling international relations.

On October 23 at 03:00 Beijing time, the onshore Chinese yuan (CNY) strengthened to 6.6704 against the U.S. dollar, up 44 basis points from Thursday's close. Trading volume reached $38.865 billion.

According to Iraq's Prime Minister, Iraq plans to gradually increase its daily oil production to 10 million barrels by 2032. The announcement outlines the country's strategic energy expansion target over the next six years.

According to Onchain Lens, Morgan Stanley's MSBT ETF purchased 28.65 Bitcoin from Coinbase Prime within 9 days, the transaction valued at $2.33 million.